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City of Nanaimo Regular Council Meeting Agenda December 16 2024

Prosperity Corporation Receives City Funding Boost for 2025

Increase from $515,850 to $665,000 per year (2025 onwards)City of NanaimoNANAIMO PROSPERITY CORPORATIONDecember 16, 2024

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Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Description

Nanaimo Prosperity Corporation’s base annual funding from the City will rise to $665,000 starting in 2025, supporting economic development initiatives for the 2025–2029 plan.

Contract Details

Contract Amount

Increase from $515,850 to $665,000 per year (2025 onwards)

Vendor

NANAIMO PROSPERITY CORPORATION

Agency

City of Nanaimo, Canada

Contract Type

OTHER

Document Date

December 16, 2024

Contract Term

2025–2029 Financial Plan

Renewal Date

2029-12-31

Renewal Info

Increase applies for multi-year financial plan (2025–2029).

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